Renewable Energy

Alphabet Accelerator’s Geothermal Startup Dandelion Graduates with $2M in Seed Funding

July 8, 2017 Anand Gupta

The round was led by Collaborative Fund and includes ZhenFund and Borealis Ventures. Dandelion is a successful graduate of Alphabet Inc. accelerator, X (the moonshot factory). Home geothermal startup, Dandelion, announced it has raised a 2 million dollars in a seed round to kick-off its sales and operations. The round was led by Collaborative Fund […]

Renewable Energy

EDF Renewable Energy Confirms Turbine Order with Vestas for Copenhagen Wind Project

July 7, 2017 Anand Gupta

EDF Renewable Energy (EDF RE) today has confirmed the order with Vestas Wind Systems A/S to supply V110-2.0 MW wind turbines for the 80 megawatt (MW) Copenhagen Wind Project (Project). In addition, the Company announced that Renewable Energy Systems (RES) was awarded the balance of plant construction contract. With these two milestones in place, the […]

Renewable Energy

Google to start getting Norwegian wind power by September

July 6, 2017 Anand Gupta

Alphabet Inc’s Google unit expects to receive its first wind power from Norway by early September, the company told Reuters on Wednesday. Tellenes wind farm, a 50-turbine strong wind farm of 160-megawatt (MW) capacity that is currently under development, will become Norway’s largest wind farm and Google’s biggest in Europe. “We’ll purchase power as soon […]

Renewable Energy

France offers 80mn euro credit for Himachal hydro power plants

July 5, 2017 Anand Gupta

France on Tuesday inked an 80 million euro credit facility agreement with India for the development of two hydroelectric power plants in Himachal Pradesh, an official statement said. Department of Economic Affairs (DEA) J\oint Secretary Selvakumar and the French Development Agency (AFD) Deputy Director in India Herve Dubreuil signed the credit facility agreement of 80 […]

Renewable Energy

Tata Power completes 187 MW Shuakhevi hydro proj in Georgia

July 4, 2017 Anand Gupta

Private utility Tata Power today said it has completed the construction of its 187 MW Shuakhevi hydro power project in Georgia. The company, through Adjaristsqali Georgia, its joint venture with Norways Clean Energy Invest AS Norway and IFC InfraVentures has completed the construction of the 187 MW plant, Tata Power said in a statement. The […]

Renewable Energy

Companies are increasingly going green

June 30, 2017 Anand Gupta

Environmental management has progressed from a green option to a strategic asset for companies, largely driven by consumers voicing their preference for sustainable products. These results emerged from a survey of more than 1,700 professionals worldwide conducted by the certification body DNV GL, with the support of international research institute GFK Eurisko, to detect companies’ […]

Renewable Energy

Over 13,000 MW of hydropower projects facing cost, time overruns: PwC

June 30, 2017 Anand Gupta

A number of hydropower projects across the Central, State and private sectors, with a cumulative capacity of over 13,000 MW, are witnessing significant time and cost overruns, according to consultancy firm PwC. The consultancy says while India has the fifth largest hydropower reserves in the world, with untapped potential of over 100GW, till date only […]

Renewable Energy

We Have 3 Years To Act On Climate Change Before It’s Too Late, Say Researchers

June 30, 2017 Anand Gupta

The good news is that it is still possible to meet the Paris temperature goals if emissions begin to fall in the next three years. But not acting before 2020, would see us resign ourselves to the equivalent of a ‘crash diet’ forcing the global economy to adapt instantly, rather than following a smoother transition. […]

Renewable Energy

All but gone with the wind: The unfolding sad story of India’s wind sector

June 30, 2017 Anand Gupta

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If one wishes to see birth of a non-performing asset (NPA), wind power sector in India offers a ring-side view. No where can one see Murphy’s Law being vindicated more strongly than in this sector where everything that can go wrong has gone wrong. Wind power, which along with solar power was expected to make […]

Renewable Energy

2020 deadline to avert climate catastrophe: experts

June 29, 2017 Anand Gupta

Humanity must put carbon dioxide emissions on a downward slope by 2020 to have a realistic shot at capping global warming at well under two degrees Celsius, the bedrock goal of the Paris climate accord, experts said today. A world that heats up beyond that threshold will face a crescendo of devastating impacts ranging from […]

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